Korea Machinery Co. Ltd.
There was a growing need for expanding the industrial machinery imports in Korea. Korea Machinery Co. Ltd. began to import assembled forklifts.
Korea Machinery Co. Ltd. Imports
Initially sales-focused on state-run corporations, large businesses, and armed forces, Korea Machinery Co. Ltd. began to import assembled forklifts.
Domestic Forklift Operations
Korea Machinery Co. Ltd. supported 90% of Korea’s domestic forklift operation.
Service & Sell Equipment
The Forklift division of Korea Machinery opened business outlets throughout Korea to service and sell equipment.
The first production plant of forklifts opened its doors in Korea.
The production plant expanded! This helped establish the Forklift’s group foundation for the manufacturing of high-added value products for export.
Expand to US Market
Era of growth allowed the Forklifts group to joint-venture into the US market of material handling.
The company then acquired certifications from UL of the USA, CE of Europe, and ISO 9001 and ISO 14001, promoting expansion into overseas markets.
The company established a worldwide sales network.
Proprietary Model Development
The Forklifts group developed proprietary models starting with the G5 series (4,000 – 6,500 lb internal combustion trucks). A 3-year research and development program resulted in the development of core technologies for engines, transmissions, and hydraulic systems.
Electric Forklift Production
Began Electric forklift production.
OEM Contract with Caterpillar
North America Distribution
Industrial vehicle NA Distribution Center opens.
Doosan Corp. acquires Daewoo.
BW Series North American Launch
Productivity Series G2 Engines Launched
DV250 & BC Series
DV250 & BC Series launched
FLTA Diamond Award
Rewarded FLTA Diamond Award for Safety Excellence
Exports of 100,000 Forklifts
ISO 9001/14001 Certifications Reached exports of 100,000 forklifts
Sales break 300,000
Unit sales break 300,000 barrier
FLTA Award for Safety Excellence
Expansion of the BW Series
Pin Up Design Award
Awarded Bronze Prize at Pin Up Design Award
Today, the Doosan Forklifts group continues to improve operator comfort and environmental friendliness, resulting in high levels of customer satisfaction. Doosan Industrial Vehicle has established sales corporations and parts supply bases in USA, United Kingdom, Belgium and China. We have also developed a dealer distribution system of over 500 locations in 90 countries around the world. This dealer network distributes over 100 different forklift models, both internal combustion and electric powered, to meet a wide variety of customer needs throughout the material handling marketplace.